To prepare for success, an aspiring entrepreneur should find a(n) _____ who is leading the type of life that the entrepreneur en
1 answer:
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Answer:
a. 2.63
b. 139 days
Explanation:
a. Inventory Turnover is a ratio that measures how often inventory is replaced by a company. A higher ratio is good because it means that the company is selling more.
Formula;
=
=
=
= 2.63
b. Days in Inventory refers to the amount of time that stock remains in the company before it is sold. This is preferred to be lower as opposed to higher.
=
=
= 138.78
= 139 days